New Zealand’s logistics specialist Move Logistics Group is pressing ahead with the plans to procure a new methanol-ready roll-on, roll-off (RORO) vessel. The company has already secured NZ$10 million ($ 6 million) in co-investment funds from transport agency Waka Kotahi. The government has committed
Norwegian digital solutions provider Kongsberg Digital has signed an agreement on the Vessel Insight infrastructure with Gaslog LNG, a Bermuda-based provider of LNG shipping services.
Provaris Energy, an Australian developer of integrated compressed hydrogen projects, has signed a memorandum of understanding (MoU) with French renewable energy independent power producer (IPP) Total Eren to cooperate on the development of solutions to transport green hydrogen projects to Asia and E
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has signed a €32.2 million loan agreement with Swedish ship financing provider Svenska Skeppshypotek.
South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with energy system expert Panasia to collaborate on onboard carbon capture system for vessel application. The duo plans to carry out a feasibility study, economic analysis, and risk assessment of capturing CO2 from greenh
The next-generation ultra-large liquefied carbon dioxide (LCO2) carrier being developed by South Korean shipbuilder Hyundai Heavy Industries Group (HHI) and Hyundai Glovis has obtained approval in principle (AiP) from classification society ABS and the Republic of the Marshall Islands (RMI) Maritime
Taiwanese shipping firm Evergreen Marine has taken delivery of the second 24,000 TEU containership from Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation. The ultra-large boxship, named Ever Aria, is a sister ship to Ever Alot, which was delivered to the container sh
Renewable-based power systems, backed by grid balancing engines and energy storage, can enable Southeast Asian countries to reach net zero by mid-century whilst cutting the levelised cost of electricity (LCOE) by over 20%, when taking into account likely future carbon taxes, according to technology
Irish green hydrogen company EIH2 and Port of Cork have signed a memorandum of understanding (MoU) with the Dutch Port of Amsterdam to establish a supply chain for green hydrogen between Ireland and Europe via the Port of Amsterdam. The agreement is said to reflect the collaboration between Ireland
Canada-based supplier of clean energy solutions Shift Clean Energy (Shift) has received type approval from both the Indian Register of Shipping (IRS) and Japanese Marine Standards (NK) for its energy storage system. The backing comes on the heels of a type approval from the American Bureau of Shippi
The European Commission (EC) has launched a call for proposals under the Connecting Europe Facility (CEF) for Transport programme which makes available over €5 billion for European transport infrastructure projects.
The use of liquefied natural gas (LNG) as fuel for ships has grown exponentially over the past few years as the bridging fuel of choice. At the moment, LNG as a fuel is dominating the orderbook of larger ships. Data from DNV shows that of the 1,046 ships on order with alternative fuels, 167 are [&he
Classification society ABS granted approval in principle (AIP) to CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design & Research Center Co., Ltd (CSDC) for the world’s first methanol-powered Newcastlemax bulk carrier.
The demand for containerships is expected to increase by 10 percent as of 2023 as shipowners move forward with the implementation of the IMO 2023 regulations, BIMCO estimates. Meeting Energy Efficiency Existing Ship Index (EEXI) and achieving a good Carbon Intensity Indicator (CII) rating is a hot t
